ESG

BMW joins Initiative for Responsible Mining Assurance

Initiative seeks to promote environmentally and socially responsible practices in the supply chain.

Staff Reporter

This article is 4 years old. Images might not display.

The Initiative for Responsible Mining Assurance (IRMA) is an industry body that purports to measure the performance of mine sites against its Standard for responsible mining, and certifies mines based on their adherence to best practices.

These include health and safety for workers, human rights, community engagement, pollution control, mining in conflict-affected areas, rights of indigenous peoples, transparency in revenue payments from companies to governments, and land reclamation.

IRMA was founded in 2006 by a group of NGOs, resources businesses, community representatives and labour unions. Members include Microsoft, Tiffany & Co, labour unions IndustriALL Global Union and United Steelworkers, as well as miners Anglo American and AcelorMittal.

"Sustainability is an important aspect of our corporate strategy and we are fully aware of our responsibility in mineral value chains," said BMW board member Andreas Wendt, who is responsible for purchasing and supplier networks.

"For the BMW Group and its stakeholders, it is of the utmost importance that environmental and social standards are adhered to throughout the entire value chain. Raw materials form the basis for every industrial production process and our need will continue to grow accordingly.

"We believe that IRMA, with its ambitious certification standard, will contribute to enhancing responsibility in global value chains and improving environmental and social performance."

IRMA is not to be confused with the RSBN, a similar but separate initiative which also aims to encourage responsible sourcing in the minerals supply chain. It signed up Ford and Volkswagen ahead of its planned launch in spring 2020.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.